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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Proud Deplorable who wrote (83885)8/27/2008 11:30:25 PM
From: romannose  Read Replies (2) of 116555
 
Aggressive retail buying of the metals reminds me of the aggressive buying on the first hard break of Nasdaq in 2000. Everyone was so conditioned to buying the dips because it paid off over and over. Then all of the sudden the Dip Buyers were trapped.

I have a feeling that today's metal buyers will be puking up metal to pay bills in about 6 months.
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